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2022
World Trade $4.37BRnk 872 / 4648
2022
Top Exporter | Top Importer $966M | $770MUnited States | China
2022
Product Complexity 1.35Rnk 304 / 4653
2021 - 2022
Export Growth (CAGR) 2.13%Rnk 2652 / 4648
2022
Share of World Trade 0.018%Rnk 872 / 4648

About

Overview This page contains the latest trade data of Spectrometers, spectrophotometers, etc using light. In 2022, Spectrometers, spectrophotometers, etc using light were the world's 872nd most traded product, with a total trade of $4.37B. Between 2021 and 2022 the exports of Spectrometers, spectrophotometers, etc using light grew by 2.13%, from $4.28B to $4.37B. Trade in Spectrometers, spectrophotometers, etc using light represent 0.018% of total world trade.

Spectrometers, spectrophotometers, etc using light are a part of Chemical Analysis Instruments.

Exports In 2022 the top exporters of Spectrometers, spectrophotometers, etc using light  were United States ($966M), Germany ($823M), United Kingdom ($328M), Singapore ($297M), and China ($267M).

Imports In 2022 the top importers of Spectrometers, spectrophotometers, etc using light were China ($770M), United States ($595M), Germany ($276M), Singapore ($264M), and South Korea ($176M).

Ranking Spectrometers, spectrophotometers, etc using light ranks 304th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Spectrometers, spectrophotometers, etc using light. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$966M
Top Destination (2022)China$770M

In 2022 Spectrometers, spectrophotometers, etc using light were the world's 872nd most traded product (out of 4,648).

In 2022, the top exporters of Spectrometers, spectrophotometers, etc using light were United States ($966M), Germany ($823M), United Kingdom ($328M), Singapore ($297M), and China ($267M).

In 2022, the top importers of Spectrometers, spectrophotometers, etc using light were China ($770M), United States ($595M), Germany ($276M), Singapore ($264M), and South Korea ($176M).

Explore Visualizations

Exporters of Spectrometers, spectrophotometers, etc using light (2022)
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Importers of Spectrometers, spectrophotometers, etc using light (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$64.2M
Top Destination Growth (2021 -  2022)China$87.4M

Between 2021 and 2022, the exports of Spectrometers, spectrophotometers, etc using light grew the fastest in United States ($64.2M), Malaysia ($56.8M), China ($33.5M), Israel ($31.5M), and Canada ($17M).

Between 2021 and 2022, the fastest growing importers of Spectrometers, spectrophotometers, etc using light were China ($87.4M), Singapore ($69.5M), United States ($43.6M), India ($30.5M), and Malaysia ($14.6M).

Explore Visualizations

Exporters of Spectrometers, spectrophotometers, etc using light (2021 - 2022)

Importers of Spectrometers, spectrophotometers, etc using light (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spectrometers, spectrophotometers, etc using light.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Spectrometers, spectrophotometers, etc using light are explained by 16 countries.

Explore Visualizations

Value of Exports in Spectrometers, spectrophotometers, etc using light

Net Trade

TOP NET EXPORTER (2022)Germany$547M
TOP NET IMPORTER (2022)China$502M

This map shows which countries export or import more of Spectrometers, spectrophotometers, etc using light. Each country is colored based on the difference in exports and imports of Spectrometers, spectrophotometers, etc using light during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Spectrometers, spectrophotometers, etc using light were Germany ($547M), United States ($371M), United Kingdom ($197M), Malaysia ($176M), and Denmark ($96.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Spectrometers, spectrophotometers, etc using light were China ($502M), South Korea ($150M), India ($146M), Hong Kong ($116M), and Italy ($75.2M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Spectrometers, spectrophotometers, etc using light.
It is possible to select the main countries that export or import Spectrometers, spectrophotometers, etc using light in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spectrometers, spectrophotometers, etc using light by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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